Common use of Older Workers Benefit Protection Act /ADEA Waiver Clause in Contracts

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement.

Appears in 7 contracts

Samples: Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp)

AutoNDA by SimpleDocs

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement. (d) The Parties also agree that the release provided by Executive in this Agreement does not include a release for claims under the ADEA arising after the date Executive signs this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp)

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s 's choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s 's choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s 's principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s 's intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s 's execution hereof shall be deemed the "Effective Date" of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp)

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twentyforty-one five (2145) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Insys Therapeutics, Inc.), Employment Agreement (Insys Therapeutics, Inc.)

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company Sterling has advised Executive in writing to consult with an attorney of Executive’s choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to CompanySterling’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Sterling Bancorp), Employment Agreement (Sterling Bancorp)

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one forty five (2145) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Insys Therapeutics, Inc.)

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s 's choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s 's choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this this-Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s 's principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s 's intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s 's execution hereof shall be deemed the "Effective Date" of this Agreement. (d) The Parties also agree that the release provided by Executive in this Agreement does not include a release for claims under the ADEA arising after the date Executive signs this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sterling Bancorp)

AutoNDA by SimpleDocs

Older Workers Benefit Protection Act /ADEA Waiver. (a) The Executive acknowledges that the Company has advised the Executive in writing to consult with an attorney of the Executive’s choice before signing this Agreement, and the Executive has been given the opportunity to consult with an attorney of the Executive’s choice before signing this Agreement. (b) The Executive acknowledges that the Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) 21 days before signing it, and that, if the Executive has signed this Agreement in less than that time, the Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) The Executive further acknowledges that the Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) seven-day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state the Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following the Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement. (d) The parties hereto also agree that the release provided by the Executive in this Agreement does not include a release for claims under the ADEA arising after the date the Executive signs this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Sterling Bancorp)

Older Workers Benefit Protection Act /ADEA Waiver. (a) Executive acknowledges that the Company has advised Executive in writing to consult with an attorney of Executive’s 's choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s 's choice before signing this Agreement. (b) Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s 's principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s 's intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s 's execution hereof shall be deemed the "Effective Date" of this Agreement. (d) The Parties also agree that the release provided by Executive in this Agreement does not include a release for claims under the ADEA arising after the date Executive signs this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sterling Bancorp)

Older Workers Benefit Protection Act /ADEA Waiver. (a) a. Executive acknowledges that the Company New Peoples has advised Executive in writing to consult with an attorney of Executive’s choice before signing this Agreement, and Executive has been given the opportunity to consult with an attorney of Executive’s choice before signing this Agreement. (b) b. Executive acknowledges that Executive has been given the opportunity to review and consider this Agreement for a full twenty-one (21) days before signing it, and that, if Executive has signed this Agreement in less than that time, Executive has done so voluntarily in order to obtain sooner the benefits of this Agreement. (c) c. Executive further acknowledges that Executive may revoke this Agreement within seven (7) days after signing it, provided that this Agreement will not become effective until such seven (7) day period has expired. To be effective, any such revocation must be in writing and delivered to Company’s principal place of business by the close of business on the seventh (7th) day after signing the Agreement and must expressly state Executive’s intention to revoke this Agreement. Provided that Executive does not timely revoke this Agreement, the eighth (8th) day following Executive’s execution hereof shall be deemed the “Effective Date” of this Agreement. d. The Parties also agree that the release provided by Executive in this Agreement does not include a release for claims under the ADEA arising after the date Executive signs this Agreement.

Appears in 1 contract

Samples: Employment Agreement (New Peoples Bankshares Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!